Opening of Sheraton Shanghai Waigaoqiao Hotel Marks the Introduction of the Iconic Brand to the Bustling Waigaoqiao Free Trade Zone in Shanghai, China.

　　Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced the opening of Sheraton Shanghai Waigaoqiao Hotel. Prominently located in the Waigaoqiao Free Trade Zone at the mouth of the Yangtze River, the hotel provides the Sheraton brand’s signature comforts and connectivity in an important business and investment zone. Owned by B.M Holding Group, Sheraton Shanghai Waigaoqiao Hotel marks Starwood’s 11th property in Shanghai, reflecting the company’s expansion plan to introduce its differentiated world class lifestyle brands to vibrant locales across China.

　　“We are proud to extend the Sheraton brand’s footprint to this dynamic economic zone during the iconic brand’s 75th year anniversary celebration,” says Qian Jin, President, Greater China, Starwood Hotels & Resorts Worldwide, Inc. “As a key trading port as well as one of the biggest economic contributors among all free trade zones in China, Waigaoqiao houses many international and domestic companies, triggering strong demand for a world renowned upper-upscale hospitality brand.”

　　Mr. Sun Yong Jian, Chairman of B.M Holding Group, adds, “We are delighted to be part of Waigaoqiao’s development plan and contribute to its strategic positioning as a modern international trade zone. We are confident that the hotel will be a landmark of the Free Trade Zone.”

　　Conveniently connected to Shanghai’s well-developed express highways and metro lines, Sheraton Shanghai Waigaoqiao Hotel allows for easy access to premier shopping, dining, and entertainment venues in the Lujiazui Financial District and the Expo Center area. It is a 20-minute drive to Pudong International Airport and a 40-minute drive to Hongqiao International Airport; both major gateways to China.

　　With expansive harbor views, Sheraton Shanghai Waigaoqiao Hotel features 440 tastefully appointed guest rooms and suites with ample space and state-of-the-art technology. The heart of the lobby features the Link@Sheraton? experienced with Microsoft?– a social space where connections seamlessly take place. Additional amenities include the signature Shine Spa for Sheraton and fully equipped fitness facilities with the brand"s revolutionary new health and fitness program, Sheraton Fitness programmed by Core Performance?. Fitness enthusiasts will also appreciate Shine Golf, a well equipped driving range that provides a fresh new option for relaxing and recharging.

　　With a burst of freshness and color, four food and beverage venues offer a range of healthy fare, including Chinese, Japanese, and international favorites. The Cha, an elegant tea lounge connected to YUE Chinese restaurant, is a serene space where guests can unwind with a soothing cup of tea and experience China’s sophisticated tea culture before or after a meal.

　　Sheraton Shanghai Waigaoqiao Hotel also boasts over 2,600 square meters of meeting space, including a 1,000 square meter ballroom that is ideal for every occasion, from gala dinners and weddings to intimate meetings and international conferences.

　　“The introduction of this Sheraton hotel to the Waigaoqiao area provides an ideal choice for travelers visiting the vibrant and bustling business district in Shanghai,” says Depesh Seth, General Manager of Sheraton Shanghai Waigaoqiao Hotel. “For over 75 years, Sheraton has become a trusted friend to travelers around the world. We are excited to be part of its impressive portfolio, bringing guests an unparalleled experience with our premier facilities and warm services.”